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Oct 29, 2013 1:30am EDT
shuts down. economy,f our unique the distro columbia has had one of the strongest housing markets in the nation. hurt even ourown robust market. we were especially vulnerable because the district is unique in another way. that is we cannot spend our own money spend our own without an appropriations bill from congress. economy may have lost as much as, ladies and gentlemen, $1 million over the 2.5 week we thethe city government, city government was involved in this. we kept our government open by spending our reserves. our police state on the beat and the garbage trucks continued to pick up. i am sure you can imagine the psychological impact on people considering a buying a home during the shut down and the weeks leading up to it. this is especially true in this region with its reliance on the federal government as it has been for decades. badou know, uncertainty is especially bad for the housing market. in fact, sales which usually pick up in the fall actually slowed down from the summer here in the district of columbia. consumer sentiment naturally fell to a nine-month low after
Search Results 0 to 0 of about 1